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9 <br />Grantors hereby voluntarily grant and convey to the Grantee all development rights for <br />the Property, except as otherwise reserved and provided by the terms of this Conservation <br />Easement, that are now or hereafter inherent in the Property. The parties agree that such <br />development rights are terminated and extinguished, and may not be used on or transmitted to <br />any portion of the Property, as it now or hereafter may be bounded or described, or used or <br />transferred to any other property adjacent or otherwise, nor used for the purpose of calculating <br />permissible lot yield of the Property or any other property. <br />2.Statement ofPurpose <br />It is the primary purpose of this Agricultural Conservation Easement to enable the <br />Property to remain in agricultural use by preserving and protecting its agricultural soils and <br />agricultural viability and productivity. Except as specifically permitted herein,no activity that <br />would impair the actual or potential agricultural use of the Property shall be permitted. To the <br />extent that the preservation and protection of the natural, historic,recreational, habitat or scenic <br />values referenced in this Conservation Easement are consistent with the primary purposes stated <br />above, it is within the purpose of this Conservation Easement to also protect those values, and no <br />activity that would significantly impair those values shall be permitted. <br />As authorized in the Uniform Conservation and Historic Preservation Act,N.C. Gen. <br />Stat. § 121-34 et seq., this Conservation Easement is perpetual; It restricts the Grantors' property <br />in perpetuity; and it is enforceable by Grantee against the Grantors, their representatives, heirs, <br />successors and assigns, lessees, agents, and licensees. <br />3.Rights and Responsibilities Retained by Grantors <br />Notwithstanding any provisions of this Conservation Easement to the contrary, the <br />Grantors reserve to and for themselves and their successors all customary rights and privileges of <br />ownership, including the rights to sell, lease, and devise the Property,provided such transaction <br />is subject to the terms of this Conservation Easement and written notice is provided to Grantee, <br />together with any rights not specifically prohibited by or limited by this Conservation Easement, <br />and consistent with this Conservation Easement. Unless otherwise specified below, nothing in <br />this Conservation Easement shall require Grantors to take any action to restore the condition of <br />the Property after any natural disaster or other event over which they had no control. Grantors <br />understand that nothing in this Deed of Conservation Easement relieves them of any obligation <br />or restriction on the use of the Property imposed by law. <br />4.Right to Farm <br />Grantors retain the right to farm, or to permit others to farm the Property, consistent with <br />the conservation values of the Property and in accordance with applicable local, state and federal <br />laws and regulations. <br />Subject to the terms of this Conservation Easement, farming, grazing, horticultural and <br />animal husbandry operations are permitted only if conducted consistent with Best Management <br />Page 4 of 21 <br />Docusign Envelope ID: F68C289B-897D-4E9C-8B77-C5477012992E